DIS primed for a sharp bounceDIS primed for a short bounce from $100 to $106+ this week. Weekly calls at strike $102 are only about $1 for a 300%+ upside if this plays out.
Disney
Goofy goes scuba divingPossible double top. It could also look as a bullish pennant breakout and retest, but the possibility of a fakeout and double top is very real. The breakout looks really weak. + those last two candles, lol. Bullish meme pennant charts everywhere. I hope I'm wrong
Yeah it looks like there's plenty of bubbles forming possible tops everywhere I look
Just posting random ones, they're endless
DISNEY REBOUND OFF STRONG SUPPORT BULLISHDIS is as many big name stocks are currently sliding down as earning reports are being reported across the financial sector. Despite this I remain bullish about Disney due to strong fundamentals coming in 2019 and techncial analysis on the shorter term.
A few bullish points that I see for Disney on the shorter term.
- Ichimoku showed point of entry on OCT 15 as the tenken-sen crossed the kijun-sen on the daily.
Strong support being met on multiple levels
- 100 EMA acting as support
- Top side of kumo cloud
- 3 point touch on the ascending lower trend line
I expect DIS to bounce off this support and test upper trend line once again of $117.
***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and any investor should educate themselves before investing by enlisting the help of a licensed financial professional. Past results are not indicative of future results in any construable way.***
DSNY broke it's wedge to the upside. Likely to spike.DSNY is primed for a great bull run for the next three years, as it ramps up it's subscription streaming platforms. Seeing that NFLX's market cap is valued at roughly the same as DIS, one can see how much premium Wall Street could give Disney's online streaming plays. From a chart perspective, DIS recently broke out of a wedge. Given DIS out-of-the-money call options a year or two only contain around 22% implied volatility, these options have tremendous upside.
Long Term View for Disney StockDisney has been lagging inside of a triangle formation for almost 3 years. But i believe in the next months it will prepare itself for a big move. This is a great opportunity for long term and patient investors. I would start accumulating when stock price goes below 104.
Share your opinion, comments and questions. Good Luck!
Disney Is Untouchable Right NowThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is currently in a period of consolidation where the direction of movement is unknown and unpredictable.
Conclusion: We first need to see a breakout above resistance or below support before considering taking a trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Walt Disney analysis 111.85 has been a key support on many occasions before on the daily timeframe and just recently it has been used as a support, the price again is coming down to test this 111.85 price and could again bounce and go long.
You can also see that price is staying in the trend lines, so an all round bullish movement is expected with some pullbacks, we will be buying on all the pullbacks and compounding.
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Disney breaking out?Disney has been in a bullish pennant formation for awhile now. Price has been squeezing and is ready to make a large move. The Bollinger bands have been squeezing and we've been bouncing off the 50 level on the RSI each time, staying in bullish territory. We're about to get a bullish cross on the TSI which in my opinion would be a signal for another bull run for Disney.
There's still the possibility this is a false break out, but it looks pretty good for now.
Disney: Short-term Trend Down, may become BullishFrom the trend line data, we can see that Disney may appear to be bearish at the moment. However, we may see several buy in positions in the next few months. We have a heavy Support line (Support 1) from the 200 Moving Average (MA) coming in around 105.5, which could be a potential short trade to ~118. If the moving average does not hold, Support 2 may provide another potential buy in. However, if Support 2 does not hold, Disney may be in for a bearish run. Keep you guys updated! Safe trading!
DIS BreakoutEarnings next week will determine if the breakout has legs or if it will enter back into the channel and get squeezed further.
Buying Disney sharesOn the hourly chart of DIS, there is a change of trend into a bullish one: the price is above the Alligator indicator with AO above the zero line. Also, a buy fractal was formed within the beginning of the 5th Elliott wave.
Disney Retail Trap: Correction on the horizonDisney receiving a boost from the downfall of Netflix, with many seeing this as the perfect hedge against the FAANG giant. The strong bullish candles steaming into a strongly established supply zone smells like a retail trader trap this time. I expect price to reach above stops around 113 of the previous move and into my grey and red zones where I expect heavy selling to occur. Buyers would be epected to make an appearance at 106 and 100 for the time being. Contrary to Fundemental analyst predictions, earnings announcments may drop this down below 100, but nothings certain so preceed with caution around earnings time.
WALT DISNEYThe breakout of the blue trendline (and for breakout I mean a close above the trendline) will give a bullish signal on Walt Disney. First target (where to close part of the position with concomitant movement of the stop at break-even) in the area $ 107.25/107.30. The stop loss at $ 98.65/98.60. Personally, I will wait for an eventual pullback (or, at least, a Ross Hook, before opening a long position).
DIS - Walt Disney Copany Long tradeWe can see a good buy on this trend line
My target is $110 per share.
This is my opinion.
**Disclaimer - This analysis alone DOES NOT warrant a sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
BTC DAILY: MAPPING THE SWINGS INSIDE THE CONSOLIDATIONWe see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily Kumo Cloud up to--and rejection at--the interior descending trend line (violet). If we break through the interior (violet) descending trend line, we may well see an advance to the top of the symmetrical triangle at which time, I expect a highly probably rejection barring any positive fundamentals. A breakout above the symmetrical triangle would indicate a possible bullish run up to the resistances around 113 and 115.
Disney Daily: mapping swings in the consolidationWe see a thick Kumo Cloud on the daily within the current upward trajectory. We may see a cloud rejection and perhaps a some slow, upward movement along the current low ascending trendline to bypass the cloud, and then a bullish move toward the top of the interior (violet colored) descending trend line. We may also see a more direct rebound through the daily Kumo Cloud up to--and rejection at--the interior descending trend line (violet). If we break through the interior (violet) descending trend line, we may well see an advance to the top of the symmetrical triangle at which time, I expect a highly probably rejection barring any positive fundamentals. A breakout above the symmetrical triangle would indicate a possible bullish run up to the next resistances as shown by horizontal lines coming from prior peaks within the symmetrical triangle.
DIS long inside wedge channelDisney appears to be suffering possibly from the Roseanne Barr outbursts over the past few days. However, it appears action was swift and we could quickly see a recovery. Also, rumors of a new Neflix type platorm make Disney attractive on the longer charts. This is a quick long inside the consolidation wedge could be stifled by Kumo Cloud resistance as well as an-intra wedge descending trend line inside the greater consolidation. The chart shows possible and probable paths for Disney over the next few days.
Huge upside for Disney in spite of Netflix competitionHi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
